2012-10-27
2012-11-04
x apple

STATION
CNBC 9
WBAL (NBC) 1
LANGUAGE
English 10

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-digit decline to end the week. >>> meantime, verizon is warning that now that superstorm sandy could significant hit its bottom line. what about at&t? has it been hit as well? comparing those two coming up next. >>> and how will sandy impact clorox? the ceo will join us exclusively later on the "closing bell." stay with ugh. ♪ ♪ mom? dad? guys? [ engine turns over ] [ engine revs ] ♪ he'll be fine. [ male announcer ] more people are leaving bmw, mercedes and lexus for audi than ever before. take advantage of exceptional values during the season of audi event. at legalzoom, we've created a better place to turn for your legal matters. maybe you want to incorporate a business you'd like to start. or protect your family with a will or living trust. legalzoom makes it easy with step-by-step help when completing your personalized document -- or you can even access an attorney to guide you along. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized documen

communications spun off verizon. >> no, no this is way too competitive. i don't want to touch that. go for verizon. i will embrace centurylinc but it is no good. let's go to gwen. >> how do you feel about starbucks? >> it is going down. i know that. it is down from 60 and forget it. i want to bet on howard schultz the ceo. i am a buy, buy, buy, buyer. isaac. >> booyah, how are you? >> how are you. >> fine. >> i hope you and your family are safe. >> thank you very much. i hope you're safe. >> thank you. >> the reason i'm calling is -- food. i own it for the spin off and they have sold 12% to the public and they are going to spin off the remaining 88 cents to shareholders within six months. do i hold on to it? >> i read a negative article about the ceo and i think it hurt the stock. i think a lot of people are angry at the guy but i would hold on to the stock. >> bill. >> my question is with marley corp. next year they claim to be tripling in size. producing 40,000 tons -- >> well let's wait. you may be disappointed and disappointed and disappointed. >> [ baby crying ] >> i'm not willing

. zero heartburn. >>> take a look at shares of verizon, the stock is trading lower. there are just a few points hitting on the headlines here. one says that verizon is saying the impact of sandy fourth quarter could be significant. i'm not sure where those hits are coming from. there are wire flashes but i've not seen a press release. thank you. i'm talking to verizon right now, the spokesman, telling us this is out. what else can you it tell us? >> you just got a dropped call. >> okay. but the sandy impact could be significant for the fourth quarter. peter, thank you. >> i'm glad you didn't have a dropped call during that from verizon. >>> let's get back to our guest host, mark, you get the last word. you said something during the break, the idea you think the next couple of months -- >> the next 3- months. i'm really nervous. we have big fiscal issues we are not going to nail down without some brinksmanship. we're on the same page. >> all the

have a great weekend. right now listen for more on verizon. "the street" crew will have that for you. we'll be back with you on monday. >>> as becky said, 171,000. that is the jobs number for october, well above estimates, carrying a lot of political fuel with election day just five days away. good morning. welcome to "squawk on the street." i'm carl caquintanilla with melissa lee and david faber. not just the 171,000 for the month but positive revisions we'll talk about in a moment. a busy day in europe as well as we start to talk more about the big events that will happen with the eurozone, both central banks and the greek government that starts next week. >>> our road map starts with the jobs number that beats even the highest expectation on the street. 171,000 is the number with another 84,000 in revisions higher for the past two months. unemployment ticks up to 7.9% as the participation rate rises. is the number really as good as it looks? >> the death toll from sandy now stands at 94 as more than 3 million homes still without power now facing colder weather, gas lines stretch f

to bail them out again. >> flooding in homes and businesses. verizon sent out a picture of the lobby of one of their big buildings not far from here during the night of the storm. there was a foot of hudson river in there and that's a case for a lot of different things down here in downtown new york and throughout. let's not forget it wasn't just new york. new jersey perhaps hardest hit of any particular state. >> i wonder how little we know. i was watching tv. we were having helicopter problems. suddenly there is atlantic city in real life. you realize that chris christie had what we were looking for on google maps. suddenly you realize, holy cow. this is katrina-like. loss of life, no. but property. where did it go? >> the mayor is going to ring the opening bell here this morning. the president apparently reportedly this morning wanted to visit manhattan. bloomberg said i can't spare the cops right now. he's going to instead visit the jersey shore with governor christie. that's the level we're at where we're not able to receive the sitting president of the united states. it says a

. >> you mentioned the main data center you thought was working fine, but verizon had some damage, some of the people on the floor, of course, use cell phones to communicate with their offices, that's pretty spotty right now. what are you doing to make sure that's going to be functional? >> the cell phone usage is spotty for all of us in lower manhattan right now. also some of the internet connections are slow. so if people use that for their data feeds, that's slow. we've been giving each of the brokers one of our own lines to make incoming or outgoing calls. you've got internet, so i think we're trying to cover them with as much phone and data help we can to help them run their business from down here and i'll give you another update right after the opening, okay? we'll see you then. >> thank you very much. >> guys, i think the most important thing is the connectivity issue is the primary concern they've got. duncan said that to me many times. they want to make sure the main data center is working. you heard from him, it is. the concern is that act says to the verizon because the subs

the roll out. my blackberry, we saw verizon work fine in lower manhattan. not as good for my iphone, which uses up more bandwidth. one of the biggest issues post sandy is finding gasoline. lines in new york and new jersey are sometimes more than 100 cars deep. mary thompson is live at one of those. >> we're here in ridgefield, new jersey. if you were entering this rest stop, anyone who drives along the turnpike know this is one. if you enter from the north, you'll wait in line maybe 25 minutes. from the south, your wait could be longer. clearance thomas told us he waited for two hours. >> it's been horrible. lines long everywhere. ran out of gas once. survived it. got back on the road. then got up early this morning, like 7:00, get over there to get gas. >> the lines began forming in new jersey and on long island yesterday. a lot of gas stations in these areas aren't open because they don't have electricity and some have run out of gasoline though some are still selling diesel fuel. the supply chain disrupted, too, making a bad situation worse. a number of terminals here in the new jersey,

. for example, can they get all the data feeds in and out? this is in a sense a verizon issue, got to make sure, and that's one of the things, probably the single most important thing right now. they have to be able to test and make sure they can get in and out all the data feeds. they have been testing the backup generators. they functioned beautifully overnight. you saw the red, white and blue at the entrance there with the columns working very well, fuel is there. they got to make sure that people can get there. hopefully, and there's some hopeful signs, that the brujs and tunnels will be open. again, they do not need the subways open. they have lists. they have about 200 people at the new york stock exchange for the floor to open, lists of how to carpool people in. any damage in to the facilities outside of the area that might be important, the building itself i am told is fine, but there may be some other outside buildings that may be important that they have to check out, and finally, in the event that there's an issue testing the backup plan. >> all right. with all that in mind we take t

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